Citigroup upgraded Intel to a buy today. FMHR traders Jon Najarian and Mike Murphy take their positions.» Read More
Stocks closed lower on Monday afternoon as investors took profits in financials, technology and energy, sectors that had been market leaders. The S&P 500, the Nasdaq, and the Dow Jones Industrial Average all closed just above their lows for the day.
Falling oil and weaker global markets are the backdrop for a likely lower opening in U.S. stocks this morning. Saudi Arabia's oil minister Ali Naimi knocked the wind out of oil prices early today. In an interview with the Wall Street Journal, Naimi said he was satisfied with market conditions and that OPEC may not need to change output.
Intel has designed a computer chip that promises to perform calculations as quickly an entire data center -- while consuming as much energy as a light bulb.
Micron Technology forecast that prices for memory chips used in consumer electronics would be down 30% to 40% this quarter from the previous one.
As Cisco Systems rides the wave of surging demand for increased bandwidth as consumers digest more and more video online, some are wondering if the networking giant will tug the rest of the tech industry in the same direction. But as interviews with analysts this morning on CNBC showed, the so-called “Cisco Effect” is up for debate.
In a memo to Dell employees days after returning as chief executive officer, Michael Dell said the beleaguered computer maker is quashing bonuses for 2006 and reducing managers to help cut costs and steer the company back toward dominance.
This morning on "Squawk on the Street" Mark Haines and Erin Burnett spoke to Jon Hilsenrath of The Wall Street Journal about his stocks of the week. This is part of our regular "Five for Five" segment, where we give you, the investor, a list of five stocks to keep your eye on.
U.S. stocks may have more room to run, but analysts say it might be wise to buy on the dips as the market looks for the next big catalyst to move it forward.
Global sales of microchips are expected to rise about 10% to $273.8 billion this year after increasing 8.9% to $247.7 billion in 2006, an industry group said on Friday.
Microsoft Vista officially hits store shelves at midnight Monday, and that's leading to a lot of speculation as to what the release will mean for the world's largest software company. So what does this actually mean for Microsoft?
Stocks ended mixed on Monday as investors cast a wary eye on rising interest rates ahead of the Fed's two day meeting this week.
The first shots in the war for the microprocessor of the future have been fired over the weekend. The two leading chipmakers, Intel and IBM, came out with similar announcements this weekend that they have made major advancements in microchip technology. Jim Goldman had the story for “Morning Call” from San Jose, CA.
Stocks in the U.S. are looking for direction this morning as Europe trades mostly higher and Asian stocks were mixed overnight. Lots of deal news and earnings reports are making headlines this morning, and investors await a heavy menu of economic data and a Fed meeting later in the week.
"Does the World Economic Forum have a reason to exist? And two portfolio managers offer investment ideas if an equity pullback occurs.
In dueling announcements, Intel and IBM separately say they have solved a puzzle perplexing the semiconductor industry about how to reduce energy loss in microchip transistors as the technology shrinks to the atomic scale.
As the World Economic Forum draws to a close, Maria Bartiromo had a chance to sit down with Intel Chairman Craig Barrett to discuss where he sees opportunities for innovation in the tech sector. Barrett says Intel is squarely focused on innovations in healthcare IT and education. Emerging marketplaces will drive growth in the long-term...
Intel Chairman Craig Barrett said that that the average selling price of its semiconductors actually rose last quarter. Speaking at the World Economic Forum in Davos, Switzerland Barrett also spoke about providing incentives for math and science education and whether companies can profit from environmental measures.
Advanced Micro Devices posted a fourth-quarter loss of $1.08 a share. Excluding charges related to the acquisition of ATI, AMD lost 4 cents a share -- well below estimates of 10-cent a share profit.
It's the weak outlook that companies are giving--particularly among techs--that's putting shareholders in the selling mood.
Stocks ended sharply lower after a day long selling spree, sparked by worries corporate earnings growth is showing signs of weakening.